Question

1. Using the FINRA Bond Center search engine, search for SEC 144A private placement corporate bonds. Using the advanced search engine, set sub-product type to “Corporate Bond”, check the box to “include” 144A Bonds, set the Moody’s rating from C to Caa, the Standard and Poor’s rating from D to BBB-, and the Trace Grade to “High Yield”. Click on SHOW RESULTS and sort from highest to lowest maturity. Display the details for the bond issued by “Chesapeake Energy Corp”. Make a screen capture of at least the first 10 lines of the display, and include it below.

2. A 30-year 6% semi-annual coupon bond has a tenor of 14 years and a yield to maturity of 7.000%. If the PAR value of the bond is $1000, what is the price of the bond today?

Answer 1

finra-markets.morningstar.com/BondCenter/Results.jsp Bonds EDIT SEARCH Bond Results Coupon Maturity 8.000 05/01/2022 7.000 11/15/2025 Ratings Moody's S&P Caa1 CCC+ Last Sale Price Yield 88.424 13.189 0.750 0.314 C12 COC+ 10.125 9.750 06/01/2028 C2 07/15/2026 Cas2 COC+ CCC+ 100.675 106.250 9.250 8152 Issuer Name Symbol Callable Sub-Product Type 24 HOUR HLDGS III TFHS4127738 Yes Corporate Bond LLC ACRISURE LLCI ACUE4532010 Yes Corporate Bond ACRISURE FIN INC ACRISURE LLCI ACUE4031147 Yes Corporate Bond ACRISURE FIN INC AHP Health ARHS4645612 Yes Corporate Bond Partners Inc AIR MED MERGER AQMG4236275 Yes Corporate Bond SUB CORP ALCRIS INTL INC ARS4813859 Yes Corporate Dond ALLIANCE ONE AO14031906 Corporate Dond INTL INC ALLIANTHLOGS WAMS4274936 Yes Corporate Bond COLISSUER INCI WAYNE MERG AMERICAN AMPO4145266 Yes Corporate Bond ENERGY PERMIAN BASIN LLC AMERICAN AMPO4145285 No Corporate Bond ENERGY PERMIAN BASIN I AMERICAN AMPO4145264 Yes Corporate Rond ENERGY PERMIAN BASIN 6.375 10.750 9.075 8.250 05/15/2023 07/15/2023 07/15/2021 09/01/2023 Caa1 Ca 2 Caa1 Caa2 CCC+ CCC CCC CCC+ 93.030 10.382 105.250 8.803 90.500 14.00 102.163 7.375 11/01/2021C D 14.500 9.076 09/01/2019 C D 18.500 7.125 11/01/2020 C D 14500 LLC AMPO1253787 Yes Corporate Bond 8.000 05/15/2020 Ca32 D 87.500 AMERICAN ENERGY PERMIAN BASIN AMERICAN AM4819504 Yes Corporate Bond 2.750 04/15/2025 Cas1 CCC 8 8.500 10.299

finra-markets.morningstar.com/BondCenter/Results.jsp CUIT SCARCA Bond Results Coupon Maturity 6.875 08/01/2025 Ratings Moody's® S&P Caa2 CCC Last Sale Price Yield 104.250 5.260 6.750 08/01/2025 Caa1 B- 100.000 6.747 Issuer Name Callable Sub-Product Type ASCEND ALER4528372 Yes Corporate Bond LEARNING LLC ASHTON WOODS ASWD4524431 Yes Corporate Bond USA LLC / ASHTON WOODS FIN ASP AMC MERGER AMSR4485219 Yes Corporate Bond SUB INC ASSUREDPARTNERSASUE4525761 Yes Corporate Bond INC BALBOA MERGER TIBX4188742 Yes Corporate Bond SUB INC 8.000 05/15/2025 Caa3 CCC 64.098 18.465 O 7.000 08/15/2025 Caa2 CCC+ 101.250 6.519 11.375 12/01/2021 Caa2 CCC+ 104.500 3.077 BANFF MERGER SUB INC BNFF4665806 Yes Corporate Bond 9.750 09/01/2026 Caa2 CCC+ 95.062 10.775 BCPRE Cycle Merger Sub II, Inc BCPY4846833 Yes Corporate Bond 10.625 07/15/2027 Caa2 CCC+ 97.750 BEVERAGES & MORE INC BMOR4508686 Yes Corporate Bond 11.500 06/15/2022 Caa2 CCC+ 76.750 23.301 CCC- Corporate Bond Corporate Bond 9.750 3.152 10/15/2021 09/15/2041 Caa3 Ca 98.000 22.994 O BLACKBOARD INC PEQP4417075 BLADE ENGINE BLDX3287945 SECURITIZATION LTD BLADE ENGINE BLDX4148089 SECURITIZATION LTD Corporate Bond 6.363 09/15/2041 Caa1 B- 71.653 6.844 Corporate Bond 1.481 09/15/2041 Caa1 B- 63.616 Corporate Bond Corporate Bond 7.500 8.500 03/15/2025 07/15/2025 Caa1 Caa2 B- CCC 99.500 89.125 7.613 11.076 Corporate Bond 13.000 04/01/2023 Caa1 B- 107.050 9.813 BLADE ENGINE BLDX4149061 SECURITIZATION LTD BOMBARDIER INC BDRB4218239 Yes BRAND ENERGY & CYDR4508174 Yes INFRASTRUCTURE SVCS INC BUENA VISTA BVGA4608002 Yes GAMING AUTH BWAY HLDG CO BWY4476126 Yes CALIFORNIA RES CRC4321759 Yes CORP CAMELOT FIN SA CMNN4405000 Yes CARLSON TRAVEL CTHM4435709 Yes INC CARVANA CO C VNA4693964 Yes O Corporate Bond Corporate Bond 7.250 8.000 04/15/2025 12/15/2022 Caa2 Caa2 C CC+ B- 96.000 55.000 8.155 30.895 Corporate Bond Corporate Bond 7.875 9.500 10/15/2024 12/15/2024 Caa1 Caa1 CCC+ CCC 104.208 100.250 4.207 9.401 O Corporate Bond 8.875 10/01/2023 Caa2 CCC+ 103.800 7.453 Previous 1 2 3 4 5 6 7 8 9 10 Next 2 of 11 GO

finra-markets.morningstar.com/BondCenter/Results.jsp Coupon Maturity 10.750 12/15/2023 6.125 08/15/2025 Ratings Moody's S&P Caa2 CCC Caa1 B- Last Sale Price Yield 1.000 572.494 100.250 6.028 8.000 9.500 02/15/2022 06/15/2024 Caa1 Caa2 CCC C CC 9 8.000 8.371 93.640 11.257 7.500 06/01/2021 Caa1 B+ 99.540 7.780 5.750 03/01/2025 Caa1 B- 101.250 5.200 8.750 07/15/2023 Caa1 CCC 41.000 40.111 8.000 01/15/2025 Caa1 B+ 100.781 7.793 8.000 06/15/2027 Caa1 B+ 98.999 8.156 7.500 04/15/2025 Caa2 CCC+ 94.740 8.708 Issuer Name Symbol Callable Sub-Product Type O CCF HLDGS LLC CCFH4780640 Corporate Bond OCD&R WTRWKS CDWM4520766 Yes Corporate Bond MERGER SUB LLC CEC ENTMT INCAPO4098731 Yes Corporate Bond CENGAGE THOM4369114 Yes Corporate Bond LEARNING INC CENTURY ALUM CENX4011118 Yes Corporate Bond со CHANGE CGHL4452899 Yes Corporate Bond HEALTHCARE HLDGS LLC/ CHANGE HEA CHAPARRAL CPRR4650455 Yes Corporate Bond ENERGY INC-NEW O CHESAPEAKE CHK4434758 Yes Corporate Bond ENERGY CORP O CHESAPEAKE CHK4499459 Corporate Bond ENERGY CORP O CHOBANI LLCI CHB14480359 Yes Corporate Bond CHOBANI FIN CORP INC O CHS / CMNTY CYH4651504 Yes Corporate Bond HEALTH SYS INC CHS / CMNTY CYH4804663 Yes Corporate Bond HEALTH SYS INC O CHS / CMNTY CYH4646901 Yes Corporate Bond HEALTH SYS INC OCHS / CMNTY CYH4646875 Yes Corporate Bond HEALTH SYS INC O CITGO HLDG INC CIPG4211308 Corporate Bond CLEAR CHANNEL IHRT4796476 Yes Corporate Bond WORLDWIDE HLDGS INC COMMUNICATIONS WIN4234672 Yes Corporate Bond SALES & LEASING INC / CSL COMMUNICATIONS WIN4436128 Yes Corporate Bond SALES & LEASING INC / CSL COMMUNITY CCCX4687140 Corporate Bond CHOICE FINANCIAL ISSUER LLC COMSTOCK CRK4658783 Yes Corporate Bond ESCROW CORP 8.625 01/15/2024 Caa1 B- 104.250 7.161 8.000 03/15/2026 Caa1 B- 100.250 7.933 8.125 06/30/2024 Ca CCC- 79.750 14.071 9.875 06/30/2023 Ca CCC- 86.164 14.757 10.750 9.250 02/15/2020 02/15/2024 Caa1 Caa1 B B- 104.010 110.313 2.667 4.812 6.000 04/15/2023 Caa1 CCC 95.780 7.361 7.125 12/15/2024 Ca 85.250 10.884 9.000 09/06/2020 Caa1 CCC+ 100.000 9.000 9.750 08/15/2026 Caa1 B 38.500 12.172 Previous 1 2 3 4 5 6 7 8 9 10 Next 3 of 11 GO

finra-markets.morningstar.com/BondCenter/Results.jsp Coupon Maturity 9.250 10/15/2024 Ratings Moody's® S&P Caa2 B- Last Sale Price Yield 95.750 10.343 6.500 8.000 04/15/2026 10/01/2021 Caa1 Caa2 B+ C CC+ 97.000 100.625 7.077 1.513 6.625 05/15/2022 Caa2 C CC 97.770 7.560 Issuer Name Symbol Callable Sub-Product Type CORTES NP PLEQ4410969 Yes Corporate Bond ACQUISITION CORP O COTY INC COTY4617036 Yes Corporate Bond O CPG MERGER SUB AZEK4054524 Yes Corporate Bond LLC CRIMSON MBNH4125331 Yes Corporate Bond MERGER SUB INC / ORTHO-CLINICAL CROCKETT CKGG.GA Yes Corporate Bond COGENERATION CSVC CSVC4514065 Yes Corporate Bond ACQUISITION CORP DAKOTA MERGER DIJG4395052 Yes Corporate Bond SUB INC DEAN FOODS CO DF4215239 Yes Corporate Bond 5.86903/30/2025 Caa3 CCC+ 93.000 7.750 06/15/2025 Caa2 CCC+ 71.750 15.305 10.750 09/01/2024 Caa2 CCC- 101.775 10.040 6.500 03/15/2023 Caa2 CCC+ 50.000 30.873 NEW Yes Corporate Bond 7.250 06/15/2025 Caa1 B- 95.395 8.269 Yes Corporate Bond 10.250 02/15/2027 Caa2 CCC 110.500 7.382 Yes Corporate Bond 7.625 05/15/2022 Caa1 CCC+ 101.096 5.919 Yes Corporate Bond 7.750 05/15/2022 Caa1 CCC+ 101.375 5.584 Yes Corporate Bond 5.375 01/15/2023 Caa2 CCC+ 63.000 21.440 Yes Corporate Bond 5.750 01/15/2022 Caa2 CCC+ 66.012 26.121 Yes Corporate Bond 7.250 01/15/2022 Caa2 CCC+ 76.000 20.153 DOLE FOOD CO DOLE4476636 INC NEW DUN & DNB4794775 BRADSTREET CORP DEL NEW EAGLE HLDG CO II EGEE4490659 LLC EAGLE HLDG CO II EGEE4831757 LLC ENDO FIN LLCI ENDP4139743 ENDO FINCO INC ENDO FIN LLCI ENDP4080588 ENDO FINCO INC ENDO FIN LLCI ENDP4125582 ENDO FINCO INC ENDO LTD / ENDO ENDP4203954 FIN LLC / ENDO FINCO INC ENDO LTD/ENDO ENDP4262228 FIN LLC / ENDO FINCO INC ENERGY EGOM4596180 VENTURES GOM LLC/ENVEN FIN CORP Ensemble S Merger ENSM4291240 Sub Inc OEP ENERGY LLCI EPE4452005 EVEREST ACQUISITION FIN Yes Corporate Bond 6.000 02/01/2025 Caa2 C CC+ 62.530 16.872 Yes Corporate Bond 6.000 07/15/2023 Caa2 CCC+ 64.970 19.364 Yes Corporate Bond 11.000 02/15/2023 Caa1 BB- 99.500 11.173 Yes Corporate Bond 9.000 09/30/2023 Caa2 CCC 102.888 6.085 Yes Corporate Bond 8.000 02/15/2025 Ca C 4 .063 191.522 Previous 1 2 3 4 5 6 7 8 9 10 Next_4 of 11 GO

finra-markets.morningstar.com/BondCenter/Results.jsp Coupon Maturity 9.375 05/01/2024 Ratings Moody's® S&P Ca C Last Sale Price Yield 4.063 218.293 8.000 11/29/2024 Caa2 C CC+ 42.850 30.581 12.000 08/15/2020 Caa1 CCC+ 100.500 -1.741 7.500 10.000 6.875 12/15/2025 07/15/2023 01/15/2025 Caa1 Caa1 Caa2 B CCC+ - C CC+ 105.519 5.611 64.000 25.161 90.000 9.293 7.875 07/15/2026 Caa2 CCC+ 89.705 9.984 10.000 02/15/2023 Caa2 CCC 98.250 10.612 11.500 04/01/2023 Caa2 C CC- 26.625 69.084 Issuer Name Symbol Callable Sub-Product Type O EP ENERGY LLC/ EPE4583808 Yes Corporate Bond EVEREST ACQUISITION FIN EP ENERGY LLCI EPE4427915 Yes Corporate Bond EVEREST ACQUISITION FIN EURAMAX INTL EMAX4274999 Yes Corporate Bond INC EVERI PMTS INC EVR14568070 Yes Corporate Bond EXELA INTER LLC EXL14514119 Yes Corporate Bond OFLEX FXCQ4444476 Yes Corporate Bond ACQUISITION CO INC FLEX FXCQ4650556 Yes Corporate Bond ACQUISITION CO INC O FLEXI VAN FLVC4598447 Yes Corporate Bond LEASING INC O FORESIGHT FORZ4468166 Yes Corporate Bond ENERGY LLC/ FORESIGHT ENERGY FRESH MKT INCAPO4356604 Yes Corporate Bond GATES GLOBAL BX4135070 Yes Corporate Bond LLC / GATES GLOBAL CO GENESYS GNID4428913 Yes Corporate Bond TELECOMMUNICATIONS LABORATORIES GETTY IMAGES CG4798444 Yes Corporate Bond INC GOLDEN NUGGET LNY4541251 Yes Corporate Bond INC NEW GREAT WESTN GWPL4404960 Yes Corporate Bond PETE LLC O GTCR AP FIN INC GTPF4829993 Yes Corporate Bond GTT GTT4502086 Yes Corporate Bond COMMUNICATIONS INC O GUITAR CTR GCCW4611029 Yes Corporate Bond ESCROW ISSUER INC O GUITAR CTR INC BAIN4625657 Corporate Bond HALCON RES H K4455054 Yes Corporate Bond CORP 9.750 6.000 05/01/2023 07/15/2022 Caa2 Caa1 CCC B 55.231 31.190 100.204 5.917 10.000 11/30/2024 Caa2 CCC+ 108.221 5.840 9.750 03/01/2027 Caa2 CCC+ 101.875 9.393 8.750 10/01/2025 Caa1 CCC+ 104.905 6.930 9.000 09/30/2021 Caa1 B 88.750 15.605 8.000 7.875 05/15/2027 12/31/2024 Caa2 Caa1 CCC+ CCC 102.812 7.274 62.094 19.729 9.500 10/15/2021 Caa1 CCC+ 96.000 11.715 CCC- 13.000 6.750 04/15/2022 02/15/2025 Caa3 Caa1 80.500 1 06.155 D Previous 1 2 3 4 5 6 7 8 9 10 Next 5 of 11 GO

A finra-markets.morningstar.com/BondCenter/Results.jsp Coupon 7.500 Ratings Maturity Moody's S&P 08/01/2021 Caa3 CCC Last Sale Price Yield 58.000 40.398 9.250 03/01/2021 Caa2 C CC 93.607 14.224 Issuer Name Symbol Callable Sub-Product Type HARDWOODS HRDA4144998 Yes Corporate Bond ACQUISITION INC HARLAND CLARKE MCFH4100543 Yes Corporate Bond HLDGS CORP HC2 HLDGS INC PTG14768339 Yes Corporate Bond O HEARTLAND HDNT4625317 Yes Corporate Bond DENTAL LLC O HIGH RIDGE HIGH4474751 Yes Corporate Bond BRANDS CO O 11.500 8.500 12/01/2021 05/01/2026 Caa1 Caa2 B- CCC 88.000 97.030 18.314 9.103 8.875 03/15/2025 Caa3c 9 .989 96.437 HILL4135120 Yes Corporate Bond 6.375 07/15/2022 Caa2 CCC 91.327 9.959 HOVV4519288 Yes Corporate Bond 10.500 07/15/2024 Caa2 C CC 78.750 17.064 HOVV4519287 Yes Corporate Bond 10.000 07/15/2022 Caa2 CCC 84.750 16.987 OHMAN FIN SUB CORP HOVNANIAN K ENTERPRISES INC HOVNANIAN K ENTERPRISES INC O HOVNANIAN K ENTERPRISES INC HOVNANIAN K ENTERPRISES INC HUB INTL LTD IMMUCOR INC HOVV4601655 Corporate Bond 5.000 02/01/2040 Caa3 CCC- 39.375 14.035 HOU HOVV4601738 Corporate Bond 13.500 02/01/2026 Caa3 CCC- 93.625 15.003 Corporate Bond HKMS4623743 BLUD4519774 Yes Yes 7.000 11.125 8.625 Corporate Bond Corporate Bond 05/01/2026 02/15/2022 11/15/2024 Caa2 Caa3 Caa1 C CC+ C CC- 102.250 6.293 100.780 10.203 9 4.050 10.128 INCEPTION MERGER SUB INC INMS4419314 Yes B INFA4254788 Yes Corporate Bond 7.125 07/15/2023 Caa1 C CC+ 101.938 4.699 O ITLW4382891 Yes Corporate Bond 10.750 08/01/2021 Caa1 B- 101.645 9.122 O 6.750 02/15/2026 Caa2 C CC+ 100.719 6.512 IRBH4587986 IRDMZ4611695 Yes Yes Corporate Bond Corporate Bond O 10.250 04/15/2023 Caa1 C CC 108.375 4.362 INFORMATICA CORPORATION INTERNATIONAL WIRE GROUP INC IRB HLDG CORP IRIDIUM COMMUNICATIONS INC J.P. MORGAN CHASE COMM MTG SECURITIES J.P. MORGAN CHASE COMM MTG SECURITIES JACK OHIO FINANCE LLC JPM4519620 Corporate Bond 13.000 09/15/2021 Caa2 B- 101.018 12.415 JPM4549807 Corporate Bond 09/15/2021 Caa2 B- 118.500 O JOIF4422319 Yes Corporate Bond 10.250 11/15/2022 Caa3 CCC 106.125 4.144 Previous 1 2 3 4 5 6 7 8 9 10 Next 6 of 11 GO

• finra-markets.morningstar.com/BondCenter/Results.jsp Coupon Maturity 7.375 10/15/2024 7.250 10/15/2025 Ratings Moody's® S&P Caa1 CCC+ Caa2 B- Last Sale Price Yield 104.221 2.908 36.000 31.483 11.000 05/15/2022 Caa1 B 106.293 5.410 6.875 02/15/2021 Caa3 CCC 100.000 6.872 7.625 12.500 08/15/2021 11/01/2021 Caa1 Caa1 B- B 100.625 108.500 7.275 -1.073 9.000 08/15/2023 Caa2 CCC- 90.250 12.201 9.750 12/01/2026 Caa1 CCC+ 107.200 7.707 11.250 01/01/2023 Caa2 B 85.250 17.277 Issuer Name Symbol Callable Sub-Product Type O JDA ESCROW LLC JDAS4406978 Yes Corporate Bond O JONAH ENERGY JNHE4548417 Yes Corporate Bond LLC JOSEPHT RY14363496 Yes Corporate Bond RYERSON & SON INC JURASSIC HLDGS JRSH4092924 Yes Corporate Bond III INC O KEHE DISTRS LLC KEHE4035261 Yes Corporate Bond KINETIC KC14415347 Yes Corporate Bond CONCEPTS INC KRONOS KRON4280520 Yes Corporate Bond ACQUISITION HLDGS INC LIFEPOINT LPNT4768415 Yes Corporate Bond HEALTH INC LONESTAR RES LONE4579289 Yes Corporate Bond AMER INC O LSB INDS INC L XU4624130 Yes Corporate Bond OLTE MERGER SUB LTM4255731 Yes Corporate Bond INC O MARIPOSA MRIW4061520 Yes Corporate Bond BORROWER INC/ MARIPOSA MERGER MARIPOSA MRIW4061524 Yes Corporate Bond BORROWER INC/ MARIPOSA MERGER MATTERHORN MHOR4634578 Yes Corporate Bond MERGER SUB LLC MATTERHORN FIN MCGRAW-HILL MCHE4359677 Yes Corporate Bond GLOBAL ED HLDGS LLC MIDAS INTER MDIH4166153 Yes Corporate Bond HOLDCO II LLC MPH ACQUISITION MPHP4368363 Yes Corporate Bond HLDGS LLC MULTI-COLOR LABL4848227 Yes Corporate Bond CORP MURRAY ENERGY MRRE4232107 Yes Corporate Bond CORP 9.625 8.500 05/01/2023 06/15/2023 Caa1 Caa1 CCC+ CCC+ 105.875 102.700 7.132 4.801 8.000 10/15/2021 Ca CC 7 4.500 23.941 8.750 10/15/2021 Ca CC 76.500 23.339 8.500 06/01/2026 Caa2 CCC 71.000 15.622 7.875 05/15/2024 Caa2 CCC+ 88.250 11.170 7.875 10/01/2022 Caa2 CCC 93.000 10.625 7.125 06/01/2024 Caa1 B- 93.750 8.770 10.500 07/15/2027 Caa2 B- 101.500 11.250 04/15/2021 Caa3 D 7.500 319.695 O MURRAY ENERGY MRRE4655602 CORP Corporate Bond 12.000 04/15/2024 Caa2 D 1.750 Previous 2 3 4 5 6 7 8 9 10 11 Next 7 of 11 GO

finra-markets.morningstar.com/BondCenter/Results.jsp Coupon 9.125 Maturity 06/30/2025 Ratings Moody's® S&P Caa1 BB- Last Sale Price Yield 100.000 9.110 11.250 08/15/2022 Caa1 B 74.250 23.836 14.000 04/25/2024 Ca CCC- 60.500 10.125 04/01/2022 Caa2 C CC+ 102.912 8.103 6.978 6.875 8.500 07/15/2025 05/15/2023 Caa2 Caa1 C CC+ B+ 99.500 98.750 8.500 05/15/2023 Caa1 B+ 105.617 6.875 8.375 04/01/2026 11/15/2022 Caa2 Caa2 CCC+ - 106.500 85.998 4.646 13.903 B 8.500 10/15/2025 Caa1 CCC 84.750 12.112 Issuer Name Symbol Callable Sub-Product Type O NATURAL NRP4823888 Yes Corporate Bond RESOURCE PARTNERS LP O NAVIOS MARITIME NM4566053 Yes Corporate Bond HLDGS INC O NEIMAN MARCUS NMG4842257 Yes Corporate Bond GROUP LTD LLC NEW ENTERPRISE NWET4465837 Yes Corporate Bond STONE & LIME CO INC NFP Corp MDBV4513522 Yes Corporate Bond O NORTHERN OIL & NOG4708918 Corporate Bond GAS INC MN NORTHERN OIL & NOG4636811 Yes Corporate Bond GAS INC MN NVA HLDGS INC NVAH4610928 Yes Corporate Bond OOCWEN LN OCN4434890 Yes Corporate Bond SERVICING LLC O OLYMPUS AP04549897 Yes Corporate Bond MERGER SUB INC O ONEX YORK ONXK4165224 Yes Corporate Bond ACQUISITION CORP OPAL OPAA4080139 Yes Corporate Bond ACQUISITION INC OPAL OPAA4519123 Yes Corporate Bond ACQUISITION INC OPE KAG FIN SUB OPEQ4271995 Yes Corporate Bond INC OPTIMAS OE OPUQ4238155 Yes Corporate Bond SOLUTIONS HLDG LLC/INC PACIFIC DRILLING PACD4688177 Yes Corporate Bond FIRST LIEN ESCROW PACIFIC DRILLING PACD4688181 Yes Corporate Bond SECOND LIEN ESCROW ISSU PANOCHE PANGA Yes Corporate Bond ENERGY CTR LLC PENNEY JC CORP JCP4609176 Yes Corporate Bond INC PETSMART INC PETM4501734 Yes Corporate Bond 8.500 10/01/2022 Caa3 CCC 102.510 2.986 8.875 12/15/2021 Ca CC 54.250 38.211 10.000 10/01/2024 Caa3 CC 90.250 12.667 7.875 07/31/2023 Caa1 CCC+ 90.500 10.944 8.625 06/01/2021 Caa1 CCC+ 74.500 27.746 8.375 10/01/2023 Caa1 B 9 2.000 10.871 12.000 04/01/2024 Caa3 B- 75.000 20.723 6.885 07/31/2029 Caa2 CCC+ 95.000 7.612 8.625 03/15/2025 Caa2 CCC 59.000 21.773 8.875 06/01/2025 Caa2 CCC+ 95.030 10.034 Previous 2 3 4 5 6 7 8 9 10 11 Next 8 of 11 GO

5 + 1 tinra-markets.morningstar.com/BondCenter/BondDetail.jsp?ticker=FCHR4499459&symbol=CHR4499459 Market Data Investors > Market Data > Bonds > Bond Detail Last Updated: 09/15/2019 Company Information Bond Detail Lookup Symbol: CHK4499459 GO Equities and Options Bonds DISCLAIMER: These transactions are effected pursuant to SEC Rule 144A. CHESAPEAKE ENERGY CORP + ADD TO WATCHLIST Mutual Funds Watchlist Maturity Date Callable Coupon Rate 8.000% 06/15/2027 Symbol CUSIP CHK4499459165167CV7 Next Call Date - Feedback FAQ Last Trade Price Last Trade Yield Last Trade Date US Treasury $99.00 8.156% 05/11/2018 Yield Subscribe to Notices Trade History Price/Yield Chart Classification Elements Price Chart Yield Chart Senior Unsecured Note - 05/11/2018 Zoom: 5D 1M 3M YTD 1Y 3Y 5Y 10Y Max 05/22/2017 - Price Price $ Bond Type Debt Type Industry Group Industry Sub Group Sub-Product Asset Sub-Product Asset Type State Use of Proceeds Security Code CORP Corporate Bond 99.00 96.00 Special Characteristics Medium Term Note 93.00 Issue Elements Offering Date no on Dated Date

finra-markets.morningstar.com/BondCenter/BondDetail.jsp?ticker=FCHK4499459&symbol=CHK4499459 Price/Yield Chart Classification Elements Price Chart Yield Chart Senior Unsecured Note - 05/11/2018 Zoom: 5D 1M 3M YTD 1Y 3Y 5Y 10Y Max 05/22/2017 - Price Price $ Bond Type Debt Type Industry Group Industry Sub Group Sub-Product Asset Sub-Product Asset Type State Use of Proceeds Security Code CORP Corporate Bond 99.00 96.00 Special Characteristics Medium Term Note 93.00 Issue Elements 90.00 08/2017 11/2017 02/2018 05/2018 Offering Date Dated Date First Coupon Date Original Offering* Amount Outstanding* Series Issue Description Project Name Payment Frequency Day Count Credit and Rating Elements Caal (12/12/2017) B+ (02/11/2019) High Yield Moody's® Rating Standard & Poor's Rating TRACE Grade Default Bankruptcy Insurance Mortgage Insurer Pre-Refunded/Escrowed Additional Description Form Depository/Registration Security Level Collateral Pledge Capital Purpose Senior Unsecured Note *dollar amount in thousands Put & Redemption Provisions

2.

Coupon Rate = 6% for annual = 3% for semi-annual bond

Coupon value = 3% * 1000 = $ 30

Tenor = Maturity = 14 years = 28 years for semi-annual

YTM = 7% = 3.5% for semi-annual

Price of the bond = 30/ ((1+0.035) ^ 1) + 30/ ((1+0.035) ^ 2) + 30/ ((1+0.035) ^ 3) + 30/ ((1+0.035) ^ 4) + ---------------------------------------- Likewise + 30/ ((1+0.035) ^ 28) + 100/ ((1+0.035) ^ 28) ( Coupon value are discounted at YTM + Par value received at maturity discounted at YTM)

Right hand side formed a geometric progression with first term = 30/1.035 = 28.99, ratio,r = 1/1.035 = 0.97, n=28

Price of the bond = 28.99 * ( 1 – ((0.97) ^ 28) )/ ( 1 – 0.97) + 1000 / ( 1.035 ^ 28)

Price of the bond = $ 911.67